ORLANDO, FL, Feb. 08, 2018 (GLOBE NEWSWIRE) -- Majestic Group Holdings, Inc. (OTC: MJOG), today announced the company is filing for a name change to better reflect its direction. By repositioning the company as a holding company, our new strategic focus is to acquire, manage, and support the expansion and growth of various companies engaged in cannabis, nutrition, media, and recycling companies. With demand rising, and the industry booming, legal marijuana operators and companies entering the cannabis industry are racing to develop new products and services, acquire land and other assets to enable the enhancement of drastically increasing revenue streams and production capabilities. We bring the best management available to expand these companies and help them achieve their maximum growth, and potential. Majestic is completing other acquisitions which will add tremendous synergies, bring additional revenue, and implement the best possible structure, to deliver robust values for their shareholders.
In addition, the Company has launched its newly revamped website, offering quick and easy access to essential information and offer a more comprehensive understanding of the Company's future products and services. The website also has an investor section with updated company news, events, and financial and stock information.
The new website can be found at: http://www.majesticgroupholdings.com/.
"We are excited about our new website launch and the robust information it provides for customers, investors, partners and media to better understand who we are and what we do" said Erwin Vahlsing, Jr., MJOG’s President and CEO. "We believe this new site will allow our visitors to have a very informative experience as we continue to grow and increase our market presence."
Majestic’s new website will be updated on a regular basis with news of product launches, business activity, corporate milestones, events, and investor and financial information. Visitors are encouraged to explore the website and sign up for direct emails from the Company at http://www.majesticgroupholdings.com/; scroll down the page, and look for our email signup.
About us
Majestic Group Holdings company was created to acquire and build a portfolio of some of the best companies in the Cannabis Market Today. With demand rising, and the industry booming, legal marijuana operators and companies in the cannabis industry are racing to develop new products and services, acquire land and other assets to enable the enhancement of drastically increasing revenue streams and production capabilities. We bring the best management available to expand these companies to their maximum growth, and potential. Majestic has, and continues to acquire companies that will create tremendous synergies, bring additional revenue, and provide the greatest structure possible, so the Company can deliver the strongest values for their shareholders.
Safe Harbor Statement
This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.